# Alger Concentrated Equity ETF (CNEQ)

> Source: Nexqual · https://nexqual.com/CNEQ · data as of 2026-10-23 19:20 UTC · cite as "Nexqual, Alger Concentrated Equity ETF (CNEQ), nexqual.com/CNEQ" · informational, not investment advice.

**Price:** USD 37.54 (-0.40% today) · US market open, as of October 23, 2026 at 19:20 UTC; quotes may be delayed. Prev close 37.69 · day 37.39–37.83 · 52w 29.47–42.15 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +9.2% vs S&P 500 +14.5%; 5Y +88.0% vs S&P 500 +77.1%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2024-04-01) |
|---|---|---|
| Total return | +9.2% | +88.0% |
| S&P 500 (SPY) | +14.5% | +77.1% |
| Per year | +9.2% | +27.9% |
| Volatility (annualized) | 25.7% | 25.0% |
| Max drawdown | -19.3% (Oct 2025→Mar 2026) | -27.4% (Feb 2025→Mar 2025) |

## Peers
ALAI (Alger AI Enablers & Adopters ET) USD 42.24 -0.05% · ATFV (Alger 35 ETF) USD 37.25 +0.16% · FRTY (Alger Mid Cap 40 ETF) USD 21.55 +0.35% · TCAF (T. Rowe Price Capital Appreciat) USD 43.05 -0.34% · BAI (iShares A.I. Innovation and Tec) USD 40.46 +0.83%

## More
Full page: https://nexqual.com/CNEQ · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt